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Boe Barbossa is the manger of a small office support business that supplies copying, binding, and other services for local companies. Boe must replace a

Boe Barbossa is the manger of a small office support business that supplies copying, binding, and other services for local companies. Boe must replace a worn-out copy machine that is used for the black and white copying. Two machines are being considered, and each of these has a monthly lease cost plus a cost for each page that is copied. Machine 1 has a monthly lease cost of $800, and there is a cost of $0.010 per page copied. Machine 2 has a monthly lease cost of $500, and there is a cost of $0.020 per page. Consumers are charged $0.06 per page for copies.
How much should Boe charge the customers if he wants to make a profit of $5,000 on Machine 1 if he plans to make 40,000 copies? q,
$1
$1.60
$0.16
0.06
None of the above.
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